Kelly Services Acquires Toner Graham
Market Wire, September, 2008
Kelly Services, Inc. (NASDAQ: KELYA) (NASDAQ: KELYB), a global human resources solutions provider, announced today that it has completed the acquisition of Toner Graham, a specialized accountancy and finance recruitment service company headquartered in the United Kingdom.
Established in 1994, Toner Graham is one of the fastest growing accountancy recruitment businesses in the UK. The company recruits finance professionals at all levels from the mid-level manager up to CFOs for permanent and temporary/interim roles. As part of the transaction, the Toner Graham management team will continue to lead this business segment of Kelly Services UK.
"We are delighted to join the Kelly organization," said Tony Gleeson, director at Toner Graham. "Kelly's commitment to excellent client service, integrity, and innovative staffing solutions makes this transaction a good fit for us and our customers."
"We are excited to further develop our financial service operations with the acquisition of Toner Graham, a company with an excellent reputation and demonstrated ability to provide high level direct placements to its customers," said Carl Camden, president and chief executive officer. "This acquisition follows our global strategy to expand our highly skilled professional and technical recruitment services in markets where demand is greatest."
About Kelly Services
Kelly Services, Inc. (NASDAQ: KELYA) (NASDAQ: KELYB) is a world leader in human resources solutions headquartered in Troy, Michigan, offering temporary staffing services, outsourcing, vendor on-site and full-time placement to clients on a global basis. Kelly provides employment to more than 750,000 employees annually, with skills including office services, accounting, engineering, information technology, law, science, marketing, creative services, light industrial, education, and health care. Revenue in 2007 was $5.7 billion. Visit www.kellyservices.com .
MEDIA CONTACTS: USA Judith Clark (248) 244-4305 judith_clark@kellyservices.com UK Christopher Moore 44 (0) 14732 30543 christopher_moore@kellyservices.com ANALYST CONTACT: James Polehna (248) 244-4586 james_polehna@kellyservices.com
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